The program is targeting technology start-ups from Romania and South-Eastern Europe, which are preparing to raise a round of SEED investments within the next 1-6 months. To be eligible, they must be mature start-ups, with traction, which provide tech products and are highly motivated to scale internationally. They need to have a strong team, stable partnerships, and clients
The 1M Investment Readiness Program will run over 3 bootcamps, from July 8th-27th, 2021. It will include 10 workshops and practical sessions to develop and refine the fundraising process, validate the company valuation and align with the mindset and process followed by international investors. The program will end with a private pitching event on July 27th, 2021, attended by the most active local and international investment funds partners focused on SEED investments.
"Attracting SEED investments can be the most difficult part of successful international development. Consequently, we have developed the 1M Investment Readiness Program, together with our community of investors, to help start-ups prepare for higher rounds of investment. The founders will gain a complex understanding of the investment context, develop their fundraising skills and understand the strategies through which performing high-tech companies reach valuations of 100M - 500M euros in just a few years. Participants will interact directly with successful investors and founders to exchange ideas and learn from their experience. Techcelerator successfully continues its mission to consolidate the ecosystem of high-tech start-ups in Romania and the region ", says Cristian Dascălu, Co-Founder of Techcelerator & Gapminder VC Partner.
Start-ups will benefit from direct advice from over 20 local and regional VC investors, experienced angel investors, the SeedBlink regional online investment platform, and successful business founders.
The 1M Investment Readiness Program is a program that focuses exclusively on increasing the performance of investors to attract investment and provides start-ups with the framework and community of investors with whom they can improve their investment process and strategies. The program is implemented with the help of investment funds, of the founders of start-ups that have already raised investments, as well as with the help of business partners in the legal - investment fields.
The curricula are very applied, and the participants will benefit from direct advice from investors, with whom they will also have individual mentoring sessions, in addition to the practical workshops. The design of the program makes it possible for start-ups to work on the preparation of their listing or fundraising documentation (specific pitch deck for fundraising, executive summary, investment memo, budgets and financial forecasts, business case, strategy price, risk management), together with professionals from the investors' community.
The program comprises 2 modules:
- the “Company Valuation” module, where they will work with venture capital experts on company valuation and get direct access to the perspective of the investors present.
- the “Startup Legal & VC Investments” module, developed together with the legal partner Stratulat Albulescu, where they will work with lawyers experienced in M&A and the preparation of documents and strategies specific to VC investments.
Through the program's investment partners - GapMinder VC, LAUNCHub Ventures and the online investment platform SeedBlink -, participating companies will have the opportunity to get visibility and pitch their business ideas.
The 1M Investment Readiness program is supported in Romania and Southeast Europe by Google for Startups and Google Romania, which offers the finalists mentoring sessions, resources to accelerate startups as well as 100,000 EUR in Google Cloud credits.